(Media Release)

Standard & Poor’s Ratings Services has withdrawn its ‘BBB+’ rating on Hawaiian Paradise Park Owners Association’s $12.085 million series 2007 homeowners assessment revenue bonds. We are withdrawing the rating because of a lack of timely and relevant information, which we believe is necessary to maintain a credit opinion.

Complete ratings information is available to RatingsDirect on the Global Credit Portal subscribers at www.globalcreditportal.com and RatingsDirect subscribers at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor’s public Web site at www.standardandpoors.com. Use the Ratings search box located in the left column.